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Entrep Week4-5 Part1

The document discusses developing a business plan, including its importance and sections. A business plan is a formal statement that outlines business goals, reasons for attainment, and the plan to reach goals. It helps determine feasibility, guides resource mobilization, and is needed to obtain financing. The major sections are market information on target markets, operations details on location, utilities, labor needs and raw materials, and financial projections of annual revenues and expenses.

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Camille Adriano
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298 views

Entrep Week4-5 Part1

The document discusses developing a business plan, including its importance and sections. A business plan is a formal statement that outlines business goals, reasons for attainment, and the plan to reach goals. It helps determine feasibility, guides resource mobilization, and is needed to obtain financing. The major sections are market information on target markets, operations details on location, utilities, labor needs and raw materials, and financial projections of annual revenues and expenses.

Uploaded by

Camille Adriano
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Entrepreneurship

Week 4-5: Business Plan


Developing the business plan pp. 42-59.

Lecture created by: Montemayor, Maria Paula S.


Objectives
Explain what a
business plan is and 01
its importance. Explain the risks and
02 reasons for failures of a
business plan.
Identify the major
parts of a business 03
Deliver a pitch of the
plan.
04 proposed business
venture.

Lecture created by: Montemayor, Maria Paula S.


Source: Habaradas, R.B & Tullao, T. S. Jr. Pathways to Entrepreneurship. Phoenix Publishing House. Quezon City.
SECTION BREAK
What is a Business Plan?
Insert the title of your subtitle Here

Lecture created by: Montemayor, Maria Paula S.


What is a
Business plan?
A formal statement of a
set of business goals, the
reasons they are
attainable and the plan for
reaching those goals.

Lecture created by: Montemayor, Maria Paula S.


Entrepreneurship (2014). 3G learning. UAE.
Why write a
Business Plan?
Lecture created by: Montemayor, Maria Paula S.
Why write a Business Plan?
Who reads it and why is it important

It helps determine whether a


Possibility
proposed venture is possible for
execution.

Guides the entrepreneur in


mobilizing resources needed. Resources

It serves as a tool in helping get Financing


finances for business.

Lecture created by: Montemayor, Maria Paula S.


The Entrepreneur
Serves as a guide to a businessman, learning
the potential risks, their financial capabilities,
number of resources, etc.
Lecture created by: Montemayor, Maria Paula S.
Source: Habaradas, R.B & Tullao, T. S. Jr. Pathways to Entrepreneurship. Phoenix Publishing House. Quezon City.
The Lender
Allows the lender to asses the capability of
the entrepreneur or the business venture they
are investing in.
Lecture created by: Montemayor, Maria Paula S.
Source: Habaradas, R.B & Tullao, T. S. Jr. Pathways to Entrepreneurship. Phoenix Publishing House. Quezon City.
The Investor
A business plan is the prerequisite in
convincing any potential investor.
Lecture created by: Montemayor, Maria Paula S.
Source: Habaradas, R.B & Tullao, T. S. Jr. Pathways to Entrepreneurship. Phoenix Publishing House. Quezon City.
SECTION BREAK
Sections of a Business Plan
Insert the title of your subtitle Here

Lecture created by: Montemayor, Maria Paula S.


Market Information
Determine the size of the market, most importantly, divide it into 2:
primary and secondary target market.
Lecture created by: Montemayor, Maria Paula S.
Information about Operations
Sourcing is key when it comes to figuring out an entrepreneur’s resources and
capabilities. There are a lot of things to be considered.

Lecture created by: Montemayor, Maria Paula S.


Information about Operations
What do we need to take note of?

Location Utilities
Where will the business be built? What is the estimated bill for
water and electricity?

Service operations Labor requirement


What are its service and What are the required skill set
amenities? of employees?

Equipment/furniture Raw materials


What is the number of equipment? What are the supplies needed?

Lecture created by: Montemayor, Maria Paula S.


Financial Information
List of revenues and expenditures for the entire year of operation. This serves
as the entire budget for the business.

Lecture created by: Montemayor, Maria Paula S.

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